factor

(redirected from SCF)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

Factor

A financial institution that buys a firm's accounts receivable and collects the accounts.

Factor

A third party that buys a firm's accounts receivable. If a firm is not confident in its ability to collect on its credit sales, it may sell the right to receive payment to the factor at a discount. The factor then assumes the credit risk associated with the accounts receivable. This provides the firm immediate access to working capital, which is important, especially if the firm has a cash flow problem. The price of factoring is determined by the creditworthiness of the firm's customer, not of the firm itself. It is also known as accounts receivable financing.

factor

A firm that purchases accounts receivable from another firm at a discount. The purchasing firm then attempts to collect the receivables.

factor

To sell accounts receivable to another party at a discount from face value. Thus, a firm in need of cash to pay down short-term debt may decide to factor its accounts receivable to another firm.

factor

  1. a firm that purchases TRADE DEBTS from client firms. See FACTORING.
  2. a firm that buys in bulk and performs a WHOLESALING function.
  3. an input (for example raw material, labour, capital) which is used to produce a good or provide a service.

factor

  1. 1a FACTOR INPUT that is used in production (see NATURAL RESOURCES, LABOUR, CAPITAL).
  2. a business that buys in bulk and performs a WHOLESALING function.
  3. a business that buys trade debts from client firms (at some agreed price below the nominal value of the debts) and then arranges to recover them for itself. See FACTOR MARKET, FACTORING.
References in periodicals archive ?
From this view, when the SCF amount is 40% (more than twice and a half higher than of the 85/15 iPP/SCF pristine composite) the inter fiber distance is minimized, and the nonfree amorphous PP phase needed to imbibe the foreign component located at the PP/SCF interface is maximized.
5% aPP-SA/SA modified iPP/SCF composites (in despite their very different SCF content) one finds almost the same crystalline content, but slightly lower (2.
However, those administrative tax data income shares are similar (on an equivalent basis) to SCF top shares, and thus the preferred income top shares are also lower and growing more slowly than published estimates based on the SCF.
Indeed, the principle of capitalizing specific income flows forms the basis for wealth inferences in the administrative income tax data and is also used to infer who should be surveyed in the SCF.
The SCF wealth data have been vetted in a number of studies produced both by the SCF survey staff and by others.
Bucks and Pence (2008) ask whether SCF respondents accurately report the terms of their mortgages (and their house prices).
The graphic below summarizes the steps involved in a SCF supported sales transaction.
First, a supplier must agree to the SCF program of its customer, which would include a contract between the supplier and the buyer providing for the extended payment terms, and the buyers obligation to submit and confirm the suppliers invoices to the bank for payment.
The SCF includes some questions about pension coverage and defined benefit income expectations, but a comprehensive calculation of the value of these pension claims is beyond the scope of this article.
SCF is a relatively common angiographic finding with a reported incidence of 1% in patients undergoing coronary angiography for the suspicion of coronary artery disease (CAD) (2).
Now for large corporations, SCF is used as a liquidity management tool to generate yield from extra cash on the balance sheet," says Shawn Taoufiki, director at REL Consulting.
95 was issued, it's time to revisit the design of the SCF and the manner in which cash flows are classified.